🚨 Pullback or Pre-CPI Setup? | Stocks to Watch – 8 July

Markets cooled off sharply last Friday. Dow -0.94%, NASDAQ -0.92%, S&P 500 -0.79% — all pointing to risk-off flows heading into a crucial CPI week. Is this the shakeout before a breakout?

🔍 Key Watchlist

$CRCL: After a volatile retracement, price is coiling between $180–$205. A BTC move above $110k could ignite a run toward $230. If it breaks $180, next support sits around $155.

$MSTR: Underwhelming despite weekend BTC rebound. A hold above $420 could trigger a push to $450. Any weakness in BTC might drag it below $400—put spreads could work.

$COIN: Trading under pressure near $240. Implied volatility is high. A surprise CPI print or BTC rally could push it back toward $260.

$TSLA: Political tension (Trump-Musk) and robotaxi hype fatigue have capped momentum. Watch $245 as key support. Below that, $230 opens. A breakout above $260 revalidates bull case.

$WOLF: Rumors of renewed M&A activity in the chip space, plus short interest, could see this squeeze. Above $29, it might race to $34. But breakdown below $27.50 would invalidate.

$BMNR: Insiders accumulating, micro float, and ongoing speculation about rare earth exposure could push this past $3. Short-term resistance is $3.20; volume spike needed.

🧠 Macro Drivers This Week

CPI (Thu): A lower-than-expected number could fire up growth stocks. Hot print = dollar spike + tech selloff.

Fedspeak: Multiple Fed members on deck—hawkish surprises may weigh on sentiment.

BTC ETF Inflows: Quietly rising again. $MSTR and $COIN remain the best proxies.

🧭 Trade Plan

High-Prob: $SPY July 12 555/550 put spread

Lotto: $CRCL 200c (Jul 12 expiry) — needs BTC move

Hedge: $QQQ 470p (cheap IV pre-CPI)

📌 If you bought high on $CRCL or $MSTR—breathe. Reframe your plan, rotate risk if needed. Pullbacks don't kill accounts—emotional trades do.

I'm not a financial advisor. Trade wisely, Comrades!